Question: View Policies Current Attempt in Progress The following information relates to Sandhill Limited's Cash account. The reconciled cash balance from June's bank reconciliation is $19.020.
View Policies Current Attempt in Progress The following information relates to Sandhill Limited's Cash account. The reconciled cash balance from June's bank reconciliation is $19.020. During the month of July, Sandhill recorded cash receipts of $21.900 and cash payments of $24,300 in the general ledger Cash account. An examination of the company's July bank statement shows a balance of $19,560 on July 31; outstanding cheques $3.930, deposits in transit $1,750; EFT collections on account that were not yet recorded on the books $2,188; NSF cheque $1.252; NSF fee $68; and bank service charges $108. Determine the cash balance per Sandhill Limited's books. Cash balance $ Prepare the bank reconciliation at July 31. (List items that increase balance as per bank & books first.) Sandhill Limited Bank Reconciliation July 31 $ $
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